5.18 Crypto Circle Mr. Coin: Bitcoin (BTC) Market Analysis Reference

After being pressured upwards yesterday, Bitcoin's market has retraced into a range consolidation, with subsequent fluctuations being minimal and upward momentum weakening. The price has pulled back to the expected support. Currently, the trend has touched around the 102500 position, showing a rebound. Short-term support has slightly shifted down, but the consolidation pattern has not changed, so the current strategy is still to go short at high points and long at low points within the range.

Looking at the short-term hourly chart, the Bollinger Bands are currently contracting, with both bulls and bears being relatively stuck, and the price is hovering within the range with no breakout signs for now. Thus, we can capture range profits in the short term. The upper resistance to watch is around the 104000 position, and the lower support is around the 102000 position. Be aware that the short-term market is quite volatile, so try to manage risks when trading. If critical levels are not broken, it is not recommended for coin friends to heavily follow in. Light positions can capture range profits.

5.18 Bitcoin Short-term Reference:

Light short position 104000-105000, stop-loss at 106800, target 103000 below with a stop-loss of 500,

Long position 101000-102000, stop-loss 500, defense at 99500, target 103000 above,

5.18 Ethereum Short-term Reference:

Short position: 2505-2555, stop-loss at 2650, target 2450 below with a stop-loss of 50,

Long position: 2400-2440, stop-loss 30 points, target 2500 above,

There may be delays in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in market judgments, always manage your profits and losses carefully. Secure your gains.